Which of the following is a 20th-century banking development that allows an individual to transfer funds from a checkable deposit directly to a vendor for payment?(1 point)

Responses

credit card
credit card

debit card
debit card

savings deposit
savings deposit

demand deposit

1 answer

The correct answer is debit card.

A debit card allows an individual to transfer funds directly from their checkable deposit account to a vendor for payment, which is a significant banking development of the 20th century.